Common Contracts

CARTER BANKSHARES, INC. FORM OF PERFORMANCE UNIT AGREEMENT Granted <<AWARD DATE>>

Performance Unit Agreement • December 12th, 2023 • Carter Bankshares, Inc. • National commercial banks • Virginia

• Contract Type
  Performance Unit Agreement
• Filed
  December 12th, 2023
• Company
  Carter Bankshares, Inc.
• Industry
  National commercial banks
• Jurisdiction
  Virginia

This Performance Unit Agreement (this “Agreement”) is entered into and effective as of <<AWARD DATE>> (the “Award Date”) pursuant to Article XI of the Carter Bankshares, Inc. Amended and Restated 2018 Omnibus Equity Incentive Plan (the “Plan”) and evidences the grant of performance units and the terms, conditions and restrictions pertaining thereto (the “Award”) to <<NAME>> (the “Participant”).

CARTER BANKSHARES, INC. FORM OF PERFORMANCE UNIT AGREEMENT

Performance Unit Agreement • March 2nd, 2022 • Carter Bankshares, Inc. • National commercial banks • Virginia

• Contract Type
  Performance Unit Agreement
• Filed
  March 2nd, 2022
• Company
  Carter Bankshares, Inc.
• Industry
  National commercial banks
• Jurisdiction
  Virginia

This Performance Unit Agreement (this “Agreement”) is entered into and effective as of <<AWARD DATE>> (the “Award Date”) pursuant to Article XI of the Carter Bankshares, Inc. Amended and Restated 2018 Omnibus Equity Incentive Plan (the “Plan”), and evidences the grant of performance units and the terms, conditions and restrictions pertaining thereto (the “Award”) to <<NAME>> (the “Participant”).